Anurag Mehrotra, director of Ford Motor Co in India, left the company to pursue other career opportunities, days after the American automaker announced it would stop making cars in the Asian country, taking a $ 2 billion hit.
Mehrotra, according to her LinkedIn profile, has spent over a decade at Ford in India in several roles including Marketing, Sales and most recently as President and CEO.
September 30 will be Mehrotra’s last day, a source familiar with the information told Reuters. Mehrotra did not immediately respond to a request for comment.
Ford India said in a statement it had tasked its manufacturing manager, Balasundaram Radhakrishnan, to oversee its restructuring in the country.
Ford’s decision to stop manufacturing cars in India ends its more than two-decade presence in a market it no longer sees as profitable. The move will affect around 4,000 employees, the company said.
Ford is the fifth major automaker to cease manufacturing vehicles in India since 2017, following the exits of General Motors and Harley Davidson from a market dominated by Asian competitors.
Despite being in India since the mid-1990s, Ford has less than 2% of the passenger vehicle market and used about 20% of its total production capacity of 440,000 cars per year at two factories.
Ford announced earlier this month that it plans to shut down production at its West India plant by the end of this year and its South Indian plant by the end of this year. the second quarter of 2022.
The announcement shocked hundreds of its factory workers, some of whom protested the move this week